The fight of the shareholders of Telecom must be arbitrated, the court hears

By Caroline Simson (April 27, 2022, 8:12 p.m. EDT) – A dispute among shareholders of a Latin American telecommunications tower operator over representation of the company by Miami law firm Gelber Schachter & Greenberg PA in an ongoing arbitration over an alleged corporate coup must be resolved in this forum, a federal court in Florida heard on Tuesday.

Minority shareholders of Continental Towers LATAM Holdings Ltd., along with attorney Adam M. Schachter and his firm, argued in their brief that the litigation initiated in March by the majority shareholders of the tower operator falls under a arbitration clause in the shareholders’ agreement which they all signed. in 2015.

The majority shareholders — Terra Towers Corp. and TBS…

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